Trend Report 2023 Best-In-Class Awards

Trend Report is pleased to announce the recipients of the 2023 Best-in-Class Broker® Awards for the second year, recognizing professionals who perform at the highest levels in commercial real estate sales in each category.

“Trend Report shares a close association with Real Estate Daily News and RED Comps, the most accurate, independently researched database of commercial real estate sales information available in Southern Arizona, so it is well-positioned to identify the top brokers in each commercial category,” said Karen Schutte, co-founder and CEO of RED Comps and Managing Editor of Trend Report. “Join me in congratulating these exceptional Southern Arizona industry leaders on their achievements.”

RED Comps’ research team verifies and records all commercial real estate sales in Pima County. TREND Report can present the “no-nonsense” Best-in-Class Broker Awards to those individual brokers from that information. This year’s awards were calculated from Q4, 2022, to Q3, 2023, for a full year of sales.

Deal volume amounted to just over $1.8 billion for the period. The highest dollar volume was for multifamily, which achieved $515 million. Retail sales brought in the second-highest volume, scoring $308 million, down YOY. Winners of the exclusive Best-in-Class Broker Awards represented approximately 20 percent of the total commercial sales this year.

Among the winners are representatives from national real estate powerhouses such as Marcus & Millichap, Land Advisors Organization, Cushman & Wakefield, and top brokers from local firms in Southern Arizona. It is required that all winners be based in Southern Arizona. This year, a Best-in-Class Award for “Good Works” in the Community was added to the categories.

TREND Report’s Best-in-Class Brokers for 2023 are:

  • Multifamily Sales (100+ units apartments):Clint Wadlund and Hamid Panahi of Marcus & Millichap (IPA);
  • Multifamily Sales (less than 100 units apartments): Allan Mendelsberg and Joey Martinez of Cushman & Wakefield | PICOR;
  • Industrial Sales:Stephen Cohen of Cushman & Wakefield | PICOR;
  • Office Sales:David Volk of VOLK Company;
  • Retail Sales:John Yarborough and David Carroll of Romano Real Estate;
  • Residential Land Sales: Will White and John Carroll of Land Advisors Organization;
  • Industrial Land Sales:Gary Emerson of GRE Partners;
  • Commercial Land Sales:Pat Welchert, SIOR, of Alpha Commercial Real Estate Services
  • Hotel Sales:Rob Lamb of Long Realty; and
  • “Good Works” Developer:Humberto S Lopez, Co-Founder of HSL Properties.

All TREND Report’s Best-in-Class Broker Awards are based exclusively on sales volume transaction data from the RED Comps commercial real estate database, the most accurate, independently researched database of commercial real estate property sales information for Southern Arizona.

The “Good Works” Developer Award was based on the most generous acts of time and resources to the community.

“Everyone who won last year is excited to welcome a new group of Best-in-Class winners to a circle of excellence in commercial real estate just beginning in Southern Arizona,” said Karen Schutte, Managing Editor at Trend Report. “The tradition is for the winners to receive a ‘challenge coin’ in recognition of the camaraderie of the group. As part of the custom, members with a challenge coin can ‘challenge’ each other to present their coin anytime and anyplace. If the challenged person fails, they must buy the challenger a beverage.”

Winners will be honored at a Tucson-style happy hour sponsored by The Bain Law Firm of Tucson and can use the Best-in-Class logo in future correspondence.

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